News

The hedge fund manager at the heart of the government’s insider-trading case against Galleon Group founder Raj Rajaratnam has been identified as Thomas Hardin.

A pair of top hedge funds is set to open offices in Hong Kong as western hedge funds begin to filter back into the region that is driving global economic growth.

The case of Cohen vs. Cohen has gotten so complicated, even the judge needs to be brought up to speed.

A Fortress Investment Group veteran is planning a global macro hedge fund of his own.

Hedge funds bounced back from a brutal 2008 with the average fund gaining nearly 20% last year, according to Greenwich Alternative Investments.

Investment bank Perella Weinberg Partners continued to add to its asset management unit, hiring a former Paloma Partners president to oversee the expansion of its hedge fund lineup.

The Securities and Exchange Commission is shaking up its enforcement division, establishing five priority areas, including one pointed directly at hedge funds and private equity firms.

Bank of America-Merrill Lynch has added a hedge fund manager to its London carbon emissions trading team.

Newly-formed Nautical Capital Management, a Purchase, N.Y.-based hedge fund firm, is gearing up to launch a series of commodity-based absolute return strategies.

“The specialization of strategies in the commodities space will begin to grow and each one of our strategies will focus on exploiting very specific and liquid inefficiencies in the marketplace,” Ryan Carrier, chief investment officer and a former director of commodity investor products at Macquarie Bank Limited in New York, told FINalternatives.

London-based Thames River Capital has launched a UCITS III absolute return fund of funds with £47 million in assets under management.